1997 Chevy Camaro water in oil

First you need to check the coolant.
If the radiator is empty or really low you have bigger problems you probably have a bad head gasket if not you have a prankster puttin water in your oil!
But im bettin on the 1st option also you may have a bad intake gasket the 3.8 engine is well known for intake gasket problems. Take a look and let me know.

Ok senerio now is, coolant in radiator fine/full, fresh oil filter and oil. Tried to start vehicle, no start, sprayed starting fluid to air filter and got vehicle to start and run as long as I kept spraying, checked oil again now, water in oil and radiator I cant see any coolant/water in it. Help please. Oh and the coolant res bottle is not on the car.

Did you say there was water in the oil?
Im sorry I am just confused by what you wrote.
If there is water in oil you need 1st do a compression test--this will tell you if you have a head gasket that has broken out and letting water into the combustion chamber. If all cylinders are above 125 psi or so it should be ok id consider intake gasket first.
Cracked block. But id start with intake first.
As for starting it will run on starting fluid but not on its own. You need to do a fuel pressure test.
Your local parts store should have a good one for a fair price. Becarefull hooking it up there should be a screw on plug on top of the fuel rails that go to the injector. Screw the gauge hose tightly and turn key on. Right away you should have at least 35psi if not you should look at the fuel pump fuse and relay. If both of those are good procede to new fuel pump. If those are good and you have 35 psi you may have a plugged injectors or a bad fuel pressure regulator. To check the regulator (round object mounted on fuel rail with a vacume hose hooked to it) pull the vacum line off and look in the rubber tube for gas. If you see gas you need to replace the regulator. Start with this and let me know how it goes.